US Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
AP
Sep 18, 2024 11:47 PM IST
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing.
Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight (Photo by MANDEL NGAN / AFP)
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